On February 1, the MCG had sent attachment notices to owners of 604 establishments asking them to clear their property tax dues by February 28.

The defaulters’ list included prominent schools, shopping malls, a police station and public bodies. Upon cross checking the figures of defaulters, it was later found to be less than 400, MCG officials said.

MCG commissioner V Umashankar confirmed that 141 defaulters have cleared their dues by paying over Rs 1.83 crore cumulatively as property tax and added that owners need to clear their dues by May or their properties will be auctioned.

“Owners of buildings and properties within the MCG’s jurisdiction need to pay property tax by April 30 to avoid a penalty and an 18% annual interest. Properties of defaulters will then be sealed and auctioned thereafter on May 20,” Umashankar said.

Umashankar reiterated that those who pay property tax until April 30 can avail of a 100% waiver on interest as well as a 25% discount on the amount and save their properties from being sealed.

Tax payments can be made online on www.mcg.gov.in, at the MCG offices in Sector 34 and Civil Lines, through Paytm or at Axis Bank branches.

The MCG had ended the 2016-17 fiscal with a deficit of Rs 104 crore. Till April 1, the MCG had collected only Rs 294 crore in property tax, a substantial decrease from last fiscal’s collection of Rs 398 crore.